Purchases of all currencies by dealers amounting to US$36,782,160 compared with the US$42,869,906, on Wednesday nearly US$15 million more than selling of the equivalent of US$51,379,595 versus US$41,114,060 sold on Wednesday.
In US dollar trading, dealers bought US$31,445,586 compared to US$36,345,296 on Wednesday. The buying rate for the US dollar lost 3 cents to $115.12 and US$49,329,254 was sold versus US$38,634,332 on Wednesday, the selling rate fell 1 cent to $115.59. The Canadian dollar buying rate dropped 59 cents to $90.69 with dealers buying C$1,219,191, and selling C$597,637, at an average rate that dipped 12 cents to $92.25. The rate for buying the British Pound climbed 92 cents to $177.04 for the purchase of £2,670,775, while £924,411 was sold, at an average rate of $178.64, up 52 cents. At the end of trading it took J$131.30 to purchase the Euro, 25 cents more than on Wednesday , according to data from Bank of Jamaica, while dealers purchased the European common currency at J$128.82 for 18 cents more than on Wednesday . Other currencies bought, amounted to the equivalent of US$268,778 while the equivalent of US$144,804, was sold.
Highs & Lows| The highest buying rate for the US dollar, the lowest buying and the highest selling rates remained at $115.80, $94.36 and $120.91 respectively. The lowest selling rate jumped $22.75 to $113.50. The highest buying rate for the Canadian dollar remained at $93, the lowest buying rate rose $1.32 to $73.70. The highest selling rate was unchanged at $95.26 and the lowest selling rate fell $11.69 to $75.51 The highest buying rate for the British Pound, slipped 50 cents to $178.90. The lowest buying rate climbed 66 cents to $143.42, the highest selling rate gained $1.74 to $184.90 and the lowest selling rate climbed 50 cents to $172.50.
Selling exceeds buying by US$15m – Thursday
February 26, 2015 by